Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago, 03/09/2020

User Stats

13
Posts
2
Votes
Samuel Merrick
  • New to Real Estate
  • Nashville, TN
2
Votes |
13
Posts

First deal made and looking towards uncertain future...

Samuel Merrick
  • New to Real Estate
  • Nashville, TN
Posted

Hello BP world,

 A little about my situation: I've been living on the road, working as a musician on a steady running touring Broadway show for the past two years, making an amazing salary. I've been fortunate enough to save a chunk of money, some of which I recently used to make my first deal, buying a single family home in Nashville, thats already rented out and cash flowing $350/m. I have a trusted team in place already and truly want to continue to invest in that general area. However, despite the paycheck, I have to come off the road at some point (maybe in a year from now?). I want to continue further down this path of real estate investing but I feel that there's an expiration date for me since the W2 will not always have my back. I realize there are no/low money down options and I have to be the one to grab the bull by the horns (which I'm doing to some extent by regularly taking in as much real-estate related content as possible), but I'm more just curious if anyone else has ever been in a similar situation where you felt like the clock is ticking. Would love to hear anyone else's experiences. Thanks in advance.

Sam

Loading replies...